Personal Bankruptcy & Debt Restructuring

YTL LLP provides a level of technical depth and sensitive advocacy essential for navigating the complexities of personal insolvency. In a landscape where financial distress can impact high-net-worth individuals and professionals alike, we deliver legal frameworks and solutions to protect your interests.

Our team is composed of practitioners who have managed some of the most intricate restructuring matters in the region. With a core team possessing an average of over 20 years of experience, our ranks include a former counsel at one of the Big 4 Accounting Firms, and a specialist who holds the Hong Kong Institute of CPA’s specialist qualification in insolvency, SQ (insolvency), this unique background facilitates our discussions with trustees, creditors, liquidators, and the court to protect your long-term interests.

Our Expertise

We provide representation across the full spectrum of personal insolvency and debt management:

• Bankruptcy Proceedings: Acting for both debtors and creditors in the presentation of, or opposition to, bankruptcy petitions.

• Individual Voluntary Arrangements (IVA): Devising creative, court-sanctioned repayment plans under the Bankruptcy Ordinance to provide an alternative to bankruptcy.

• Debt Workouts & Restructuring: Strategizing private negotiations with banks and financial institutions to restructure liabilities and protect core assets.

• Asset Preservation & Protection: Advising on the legal implications of financial distress to minimize the risk of asset dissipation and ensure compliance with statutory duties.

• Trustee & Receiver Liaison: Facilitating critical communications with the Official Receiver and private trustees to ensure a transparent and efficient process.

• Cross-Border Insolvency: Managing complex cases involving assets or creditors located in multiple jurisdictions, including Mainland China and offshore hubs